The latest on California politics and government
July 10, 2013
The state collected about $1.2 billion more in tax revenue last month than Gov. Jerry Brown projected, ending the fiscal year about $2 billion ahead of expectations, the state controller reported today.
Controller John Chiang put tax revenue in June, the last month of the budget year, about 10 percent higher than Brown estimated the previous month, with revenue for the full year up about 2 percent.
Brown persuaded lawmakers in budget negotiations this summer to accept relatively modest revenue estimates for the fiscal year beginning July 1, resulting in a budget that increased spending on social services far less than many Democratic lawmakers hoped.
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